MEO 0.00% 0.0¢ meo australia limited

mismanagement at its best, page-26

  1. 341 Posts.
    >>I think it's time for an investigation of some sort, there is no reason behind sell off.<<

    no reason behind sell off !

    that is in your mind and your opinion
    Something clearly not shared by sellers.

    What we are seeing is the a stock EXCHANGE at work.

    You want to investigate what - ?
    Start with the ramping in chatrooms !

    A MEO JV announcement was expected for a long time.
    There was a good deal of delays along the way.
    Delays caused by MEO setting unrealistic expectations in their time-line.
    .
    What did MEO announce yesterday ?
    A No Name partner
    to an agreement not yet agreed on
    which is subject to 3rd party approvals.

    What market reaction did you expect ?

    The market is reacting the way the market reacts to wishy-washy announcements.
    Call yesterdays announcement a Claytons announcement.
    More questions than answers.

    MEO are experts at word-crafting ASX announcements.

    Tomorrow is another day.
 
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